I am thinking of getting out of COH anyday. Reason: trading pattern clearly reflects index readings on 10 day,1 month ,& 2 month stochastics. Sit out till post ER stabilization period..... Action is not important consideration if you are real long time holder or small position.. but if you are dealing in 10K or more shares that is $10,000 every time share price fluctuate $1 and last year Aug 2004, COH stock gave up $4 doing restabilization phase. Something to consider going into similar situation where stock price is pumped up due to excellent anticipated ER. psychology is very similar. No guarantee same will happen but odds are in favor due to similar human reaction .
Sumitomo probably made hugh profit on real estate placement for all COH stores in Japan. Since my assumption is COH did not buy Japanese RE, Sumitomo openly or not they have brokerage fee coming to them from landlords long as COH stay open on the location.this part of business was probably handled by Sumitno Real Estate and out side COH Japan. I assume this is bigger pie in sky for them then future return on investment for half of COH Japan. So I believe they cashed out and took lump sum cash and not COH shares.. This is my analysis on COH Japan sell .. no damaging insider cashing by Sumitomo.. COH management sale near 1 million shares are totally different and I consider this bad news.
This is my answer to DAVE"S question>>> Iam back in already on GLW ,TXN but will trade out as soon as reach peak with stockastic at near 100 and get back in since these are good stocks for FALL season... QCOM I will not sell since it had good shakeout already for relative long time 3 months at around $34-37.... All bad news fully discounted, ready to move up,Look at positive indications from MOT and TXN....In Japan ,more advanced multiple function 3G phones are hottest items now to Xmas season; even Paul Jacobs stated that big earnings came from high profit gears sale in Japan.. US market will catch up soon get in before big move .. BLUD is another super company with built in future in blood test system where it dominates even over powerful JNJ. This company stock is very volatile due to Hi PE for great looking business model. I am now in heavy for ER next week. BLUD need to prove 50% earning increase to get back on high gear to target $34. Other stock that has done well and will continue for potentially Hugh gain is GDTI ;I bought after they started testing of company airport bomb security system at Shanghai China airport..expecting testing to began in Russia and Beijin. GDTI has high plastic bomb detection system very interesting contracted sale arrangement with Lockheed Martin.. I bought month ago at only $2.80
I'm with you. This stock has been flying. I also don't like the insiders selling. A dollar down isn't enough. The Cramer pump has to leave too. Coach pull those reigns in. Any other good stocks your on the sidelines waiting to get back in?
just different investment philosophy . i suppose i could have traded COH a thousand times in the past 5 years but then i would have to contend with all the short term capital gains tax . i don't think i would be any further ahead . in that time frame i would had been caught on the wrong side of the trade too and no deduction for the loss if i wanted to get back in within the 31 day time period . some stocks you can just buy and hold where management has proven itself for outperformance . i tend to agree on the oil patch stocks they have been straight up and i wouldn't touch now . like the gent said in here tonight it sometimes is good that a stock goes down to consolidate at lower levels so that it can spring forward . that has been the pattern for COH in the past and it has never failed the buy and hold strategy .
My point is when opportunity arrive , easy profit should be harvested instead go waste ..Alraedy drop $1 just for today... And sametime you are stepping off to sideline to see how far COH will drop. Letting slide with profit does not make much sense. That is like farmer not picking this year's fruits since next season trees will produce more fruits.
Example: if I did not take profit on QCOM in late 2000 & 2001, since the company business was growing, I will still be waiting to return to high price of 5 years ago. Instead ; I repurchased and repeated many up and down cycles with 5-25 % gains. Net result is Iam way ahead by watching various indicators and sametime avoided painful tech disaster of 2001 cycle. For same reason I am not holding any oil stocks now.
One month work pays for nice new BMW free and clear, and vacation. What is wrong with that and I can come back in Aug. for same number of shares and ride up again with some change in my account. Even COH stock des not go straight up so my way of trading always produces better result and prevent disaster when stock decided to yurn sour. Watch Stochastic over bought /over sold condition...Dave did smart move and made correct decision...
oh listen to this b.s. take your little 5 % gain and run for the door you weaklings . you don't get the big gains playing the market YOUR way . i don't have any love affair with COH but i didn't get about a 800 % gain in it by running for the door everytime it sold off and there has been plenty of those over the past years .
p.s. don't let the door hit ya on the way out .
You are smart man!!!! agree 100% +++++ .. dealing in stock,one should look it only as the vehicle for single objective of capital gain... Not to fall in love with company image or what they make etccc.... I have noticed over the few weeks I came aboard, there are too many with emotion influenced by sweet past history or love for COH products.... DANGER DANGER DANGER in sight. Invest in stock with cool objective